DePin
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CoreWeave Files for IPO After Explosive Growth, Eyes $35 Billion Valuation
CoreWeave, a provider of AI cloud computing infrastructure, formerly a crypto mining company, has recently filed for an IPO with the US SEC. The company is currently valued at $35 billion led to this valuation by Morgan Stanley, Goldman Sachs, and JPMorgan as the lead underwriters. This is the most significant change CoreWeave has made…
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Fluence Launches DePIN Pledge to Strengthen Web3 Decentralization
Fluence, a leading cloudless computing platform, launched the DePIN Pledge on February 26, an initiative designed to encourage cryptocurrency-based businesses and projects to commit publicly to the use of decentralized infrastructure. The pledge comes in response to growing concerns that many Web3-based projects are departing from their decentralized principles, as the rise of cloud hyperscalers…